Anthesis, the group of sustainability experts, has acquired Harrogate-based energy specialists, Padd Energy.
This deal marks the third M&A announcement for Anthesis in six months following the acquisition of Canadian agri-food sustainability consultancy Provision Coalition Inc, and Climate Neutral Group, a Net Zero authority based in the Netherlands, Belgium, and South Africa.
Established in 2013, Padd Energy is a specialist energy engineering consultancy passionate about creating power and energy from renewable and sustainable sources whilst reducing emissions from fossil fuels.
Dedicated to supporting high carbon emitters and solving complex issues, Padd Energy works with some of the world’s largest corporations to identify, agree and meet net-zero commitments, such as Arla, Reckitt and Nestlé.
Specialising in Waste-to-Energy and Biofuels to Renewables and Heat Networks, Padd Energy has delivered projects, from strategy to implementation, for clients across all major sectors and in locations including Europe, Asia and South America.
The 12-strong firm of impact-led engineers is led by Managing Director Chris Paddey, a former EMEA managing partner and Board director of ERM.
Padd Energy’s decade of energy sector expertise will complement and bolster Anthesis’ established Energy Systems team, working together to help tackle the global energy crisis and transition clients and partners on their net-zero journey by reducing carbon emissions and providing greater importance on energy security.
This announcement is another significant milestone in Anthesis’ growth strategy following its investment from Palatine last year and marks Anthesis’ 16th merger and acquisition deal since establishing in 2013.
Brad Blundell, Managing Director of Anthesis Europe, Middle East, Latin America and Africa, said: “We’re very pleased to welcome the Padd Energy team to Anthesis. Since the beginning of 2022, the global energy crisis set a new level of priority for low-cost, clean energy, compounded by the war in Ukraine, the steep rise in inflation and the climate emergency.
“Our new combined powerhouse of energy expertise, bolstered by the broadest range of sustainability specialisms in the market, provides our clients and partners with the optimal support needed to navigate through these complex and challenging times.”
Chris Paddey, Managing Director, Padd Energy, said: “We are extremely excited to join Anthesis, the largest group of sustainability professionals on the planet. Over the last nine years, I have grown Padd Energy to address some of the most complicated and pressing issues surrounding decarbonisation of complex high energy-use companies along with advising them on self-generation of renewable energy.
“Today, we join a hugely successful firm of sustainability professionals in tackling the same issues with the same passion and commitment as ourselves. We look forward to working together with our new colleagues and clients to offer the full suite of sustainability services from initial concept through to implementation.”
